Minnesota
Banquet Halls For Sale


Tennessee

Cutler Bay, FL
Bergen County, NJ
Poquoson City County, VA
Bellingham, WA
Riverside County, CA
REAL ESTATE INCLUDED
Lyons, IL
REAL ESTATE INCLUDED
Cuyahoga County, OH
REAL ESTATE INCLUDED
St Lucie County, FL
REAL ESTATE INCLUDED
Illinois
Miami, FL
Erie County, PA
Deluxe bed & breakfast, with 7 suites and 6-2 bedroom cottages on Lake
$4,100,000
Monticello, IN
REAL ESTATE INCLUDED
Murfreesboro, TN
Bellerose, NY
Randy Shurbet
isellrestaurantsandbars.com
Serving Baldwin County, AL
We bring buyers and sellers together in the search to sell or purchase a restaurant or bar. We have over twenty-five years of experience in the industry as an owner, supplier, consultant and financial adviser. OUR MISSION IS TO DELIVER SUCCESS. isellrestaurantsandbars.com is a comprehensive Restaurant/Bar Brokerage representing all aspects of the Buyer/Seller process. ISRAB works diligently to provide our clients with an accurate valuation of their business to maximize the outcome of the sale or purchase. We take a proactive approach for our clients through our extensive database and unique advertising opportunities to assure success in the attainment of our clients goal in selling or purchasing of a restaurant or bar. We guarantee full confidentiality in the process and only release financial information after receiving a signed non-disclosure agreement and completing a full due diligence of the prospective person of interest, and all information is password protected. Our dedication to success and professionalism has allowed us to become the premier Restaurant/Bar broker in our region. Put our power to work by calling 800-407-1335.
Plymouth County, MA
Fairless Hills, PA
Salt Lake City, UT
Orange County, FL
Las Vegas, NV
North Carolina
Danville, CA
Bexar County, TX
Luxury Harbor Dinner Cruise & Private Event Business – 2 Vessels
$5,000,000
California
REAL ESTATE INCLUDED
Illinois
San Bernardino, CA
Brooklyn, NY
Fort Worth, TX
St. Charles County, MO
Plano, TX
REAL ESTATE INCLUDED
Spencer, NY
Suffolk County, NY
Houston, TX
Collin County, TX
Turnkey Legacy Banquet Hall Business with Property
$4,775,000
Illinois
REAL ESTATE INCLUDED
Tennessee
Rochester, NY
REAL ESTATE INCLUDED
Ithaca, NY
REAL ESTATE INCLUDED
Tarrant County, TX
Plano, TX
REAL ESTATE INCLUDED
Chalfont, PA
Chester County, PA
Bowling Green, KY
Ken Bohenek
Murphy Business & Financial Corporation
Serving Kootenai County, ID
Murphy Business is one of the largest and most successful business brokers in North America with offices conveniently located throughout the United States and Canada. Choosing to partner with a national business broker provides an advantageous reach of over one hundred and eighty offices that have affiliations with National and International Business Brokerage and Merger & Acquisition associations. Murphy Business Brokers provide the following unsurpassed services: Skilled intermediaries offer assistance in Mergers and Acquisitions Assisting individuals/companies to Buy the most suitable Business Offering Business Valuation Reports and Appraisal Reports Giving accurate Equipment Appraisals Selling a Business without disclosing its identity Experienced Commercial Real Estate Brokers aid in site selection
Miami, FL
REAL ESTATE INCLUDED
Hartford County, CT
Entertainment,Night Club,Dncing,Fine dining,Full bar,2AMPermited
$995,000
Orange County, CA
Hudson County, NJ
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 69 |
| Asking Price | $700,000 |
| Reported Revenue | $575,000 |
| Reported Seller's Discretionary Earnings | $171,307 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $275,000 | $700,000 | $2,200,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Banquet Halls for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $362,196 | $96,250 |
| Median | $575,000 | $171,307 |
| Upper Quartile | $1,104,061 | $290,442 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Banquet Halls listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.67 | 2.44 |
| Median | 0.94 | 3.79 |
| Upper Quartile | 2.17 | 7.91 |
FAQ's
How much does it cost to buy a Banquet Hall?
The median asking price for an established Banquet Hall is $700,000, though prices range from under $275,000 to well over $2,200,000.
How much do Banquet Halls owners earn?
The median reported revenue of Banquet Halls is $575,000 and owners earn a median of $171,307, which includes the owners salary and any other financial benefits they receive.
How do I value a Banquet Hall?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Banquet Halls, revenue multiples range from 0.67 to 2.17, with a median of 0.94. Earning multiples range from 2.44 to 7.91, with the median at 3.79. This means the typical Banquet Hall may ask for around 0.94 times its annual revenue, and 3.79 times its annual owner earnings.
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